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RERA era from May Day 2017
The real estate sector in the country is set for a transformational change from May 1, when a Real Estate Regulatory Authority would come into force in each state, as mandated by the real estate law passed by Parliament in 2016
Finally, the Real Estate Act will come into force across the country from May 1, to the immense relief of home buyers and investors alike. This will usher in a new era of transparency in the real estate sector in the country and, perforce, corporation the operations of all developers.